and if you get up to 1500 before the election, you can lean on the volatility of the election and also the resolution of the fiscal cliff. and the much bigger question is where is the market after the dust settles post election. so that's something later in the year we'll see how it plays out, but that will set the tone really for i think the next 12 to 18 months. >> so the dow, not far away from it all-time closing high. does that make you a little nervous? >> well, look. like i said, you you see some of the major indices close to important highs. that's why i think you get the s&p up to 1500, and the dow up more, it will make sense to take a little money off the table. but i think the much bigger question is once we see the r s results of the election, once the fiscal cliff is dealt with, where are we in the bigger scheme of things. if the s&p is trading around current levels, i think we're this great shape going into 2013 and maybe 2014. so again short term we'll just play it as a range. 1400 to 1500 in the s&p. bigger picture, i really want to see how things settle down once we get